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Browse Our Glossary

Find clear concise definitions for common to uncommon terms.

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447 terms
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Baseline Performance

Term

The initial level of results used as a reference point for improvement.

Glossary entry

Benchmark

Term

A standard or point of comparison used to evaluate performance against peers or targets.

Glossary entry

Benefit Forecast

Term

A projection of expected value or gains from planned initiatives.

Glossary entry

Benefit Realization

Term

The process of ensuring that planned business value is actually achieved after an initiative is implemented.

Glossary entry

Benefit Tracking

Term

The ongoing measurement of value generated by completed initiatives.

Glossary entry

Billing Cycle

Term

The recurring period in which invoices are generated and payments are collected.

Glossary entry

Bottleneck

Term

A point in a process where work slows down due to limited capacity or constraints.

Glossary entry

Budget Control

Term

Processes used to monitor and regulate spending against approved plans.

Glossary entry

Budget Variance

Term

The difference between planned spending and actual financial results.

Glossary entry

Business Case

Term

A documented justification explaining the expected value, cost, and risks of a proposed initiative.

Glossary entry

Business Constraint

Term

An internal or external factor that limits operational flexibility.

Glossary entry

Business Continuity

Term

The ability of an organization to continue operating during and after a disruption.

Glossary entry